Skimming

skimming
pricing strategy usually used in the early stages of the product life cycle that targets a small number of consumers who are willing to pay a relatively high price for the product.

Skimming
Definition: A pricing policy sometimes used by companies introducing a new product. A high price is set to ensure large profits are made before the competitors are able to produce a similar product.
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Skimming
Definition: Pricing strategy designed to maximize profit margins at market introduction and then reducing the price by stages to saturate the marketplace.

skimming pricing strategy - Setting a relatively high initial price for a new product or service when there is a strong price-perceived quality relationship that targets early adopters that are price insensitive.

Skimming Pricing Strategy - if you desire quick cash and have minimal desires for significant market penetration and control, then you set your prices very high (this is sometimes called "skimming").

Skimming pricing - Is a pricing strategy used when a new product is introduced.

Skimming - a counterfeit credit card is created using your card number and details the data on your credit cards magnetic strip will be copied onto the fake card. To help protect against skimming you should not let your credit card out of your sight.

Skimming Pricing Strategy
A pricing strategy where you set the prices very high in the desire for quick cash with minimal desires for significant market penetration and repeat business.

price skimming
two part tariff
price elasticity of demand
geographical pricing and price zoning
cost-plus pricing ...

price skimming A pricing technique designed to allow a business to charge each potential client... price spread An option strategy utilizing the simultaneous purchase and sale of options of...

This means there is a greater chance of skimming or undisclosed items.
During the initial interview, ask what percentage of sales is attributed to cash compared to credit or check payments.

Theft of the users PIN using skimming devices can be accomplished much easier with a PIN input than with a signature-based credit transaction.

A failure to report substantial amounts of income, such as a shareholder's failure to report dividends, or a store owner's skimming from the cash register without including it in the daily business receipts.

However, rather than observing work in process as being made up of many individual/discrete jobs, see that it instead consists of individual/discrete processes like melting, skimming, and extruding. Material can be introduced into each process.

For example, many millions in profit are made by skimming a small amount off of billions in credit card transactions.

See also: Expense, Cost of goods, Gross profit, Penetration pricing, Saving